Growth is expected in the third wave of the upward impulse

07.07.2021

After a wave of sales, buyers began to gradually rebound and try to give an answer to this movement that happened. Perhaps this is due to the completion of the development of the correction, which has taken the form of a plane and is a wave (ii) of an upward impulse.

Then in the near future we are expecting a development of a protracted upward movement within the formation of wave (iii). In this case, you can buy at current prices.

Investment idea: buy 110.70, stop loss 110.40, take profit 113.00.